__________ influence compensation through the process of collective bargaining.
A) Wage differentials
B) Labor markets
C) Labor unions
D) Labor laws

Question

Quizplus · Accepted Answer

Labor unions are formed to represent the collective interest of workers in negotiating with employers for better wages, benefits, and working conditions. Through the process of collective bargaining, unions can negotiate for higher salaries, better benefits, and other forms of compensation that benefit their members. Therefore, labor unions have significant influence over compensation in the workplace.

__________ Influence Compensation Through the Process of Collective Bargaining